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Spokane County, WA · Sold

WA-377999

924 County Road 40

$832,600
$3,620/ac · 230 ac
Acreage230 ac
Price per acre$3,620/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedAug 29, 2024
Coordinates47.6355, -117.4883
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Spokane County, Washington. Eastern Washington irrigated ground and Cascade foothill lots.

View Spokane market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
28
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope29.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,640 ft of deeded road frontage.

Power1,188 ft away

Service extension needed; get a utility quote.

Buildable area132.19 of 229.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$842,940
$694,830$991,051 · $3,665/ac on 230 ac
Asking vs estimate
-1.2%
In line with the comp set

Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $832,600
Maximum allowable offer
$481,680
$2,094/ac · +30.0% target margin

You need $350,920 off asking to hit this margin.

All-in cost$522,623
Net resale$775,505
Projected profit$252,882
ROI+48.4%
Annualized+69.2%
Break-even resale$2,470/ac
Profit if resale lands off target
-20%
$97,781
-10%
$175,332
0%
$252,882
+10%
$330,433
+20%
$407,983
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WA-988513
Gravel · Off grid
333.7Feb 5, 2026$1,113,1003,3353,2645.0 mi
81
WA-739024
Dirt · Off grid
483.2Mar 11, 2025$1,134,7002,3483,0951.2 mi
72
WA-479030
Gravel · Power at road
485.4May 15, 2026$2,051,0004,2263,8865.3 mi
72
WA-179175
Gravel · Power at road
539.1Nov 26, 2025$1,824,1003,3843,27410.2 mi
68
WA-439207
Gravel · Power at road
551.7Jan 8, 2026$1,944,6003,5243,4189.6 mi
65
WA-289186
Dirt · Off grid
543.4Sep 23, 2024$1,485,4002,7333,8018.2 mi
64
WA-429152
Paved · Off grid
530.2Dec 21, 2023$2,675,9005,0475,2278.3 mi
59
Show adjustment detail for the top comp
  • Tract size (333.73 ac → 229.98 ac)+11.3%
  • Access (Gravel → Dirt)-14.0%
  • Market time (6 mo)+2.2%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.